Counterfeit money is currency produced by someone other than the government intended to deceive the recipient into believing it is authentic. The Federal Reserve’s 2025 report estimates around $30 million worth of US currency (or 1 in 40,000 notes) is counterfeit. This is why learning how to detect counterfeit money is a crucial part of…
How To
How to Create a Social Media Marketing Strategy for Small Businesses
In the six years since I started doing social media & marketing for startups, it’s safe to say plenty has changed. New players have entered the field (hello, Bluesky and Threads), while old players have undergone pretty major changes (Twitter becoming X, TikTok’s near-death and resurrection). How do you navigate all these changes as a…
How to Terminate an Employee: Steps & Best Practices
Legal employee termination requires careful documentation and process to protect both the business and the employee. Following proper procedures helps minimize legal risks while ensuring a professional separation. A well-executed termination process maintains workplace morale and reduces potential disputes. Here are the key steps: Step 1: Document the Termination Reason Without documentation, a court will…
How to Create a Facebook Business Page in 2025 (+ Marketing Tips)
As the former social media manager for a startup, one of my main responsibilities was handling our brand’s Facebook page. Facebook pages are still one of the most reliable ways to gain an online audience no matter how small your business. The process of how to create a Facebook business page involves seven steps (eight,…
Lead Tracking for Sales Success: 5 Steps (+ Free Template)
Lead tracking is storing, organizing, and updating prospect data and sales activity information. To perform this process, you’ll need a sales leads tracking tool and then start by defining the types of data you want to collect. Once that’s established, keep the information updated as you generate, assign, qualify, and nurture leads and finalize sales…
How to Set Up Direct Deposit for Employees (+ Free Template)
Direct deposit is a secure and efficient way to pay employees by electronically transferring wages into their bank accounts. This eliminates the need for paper checks and ensures timely payments. If you’re wondering how to set up direct deposit for employees, this guide will walk you through the process, including the legal requirements, costs, and…
Unapplied Cash Payment Income in QuickBooks Online: Causes & How To Fix
If you’re seeing unapplied cash payment income in QuickBooks Online, it means a customer payment was recorded, but QuickBooks doesn’t recognize it as linked to an invoice. This usually happens when the payment date is earlier than the invoice date or if a payment was entered without being correctly applied. It can also occur if…
Guide to Payroll Accounting: What It Is, How It Works + Steps
What is payroll accounting? Payroll accounting is the process of managing, recording, and reporting all aspects of payroll transactions. This includes paychecks distributed to employees, deductions and taxes withheld from employee paychecks, and the employer’s share of benefit contributions and taxes. Accounting for payroll is fundamentally straightforward — you log all employee compensation expenses, record…